TAFI INDUSTRIES BHD

KLSE (MYR): TAFI (7211)

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Last Price

0.555

Today's Change

0.00 (0.00%)

Day's Change

0.54 - 0.555

Trading Volume

19,800


1 person likes this.

980 comment(s). Last comment by yoyo 2024-08-27 13:42

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-04-19 09:40 | Report Abuse

it is incredible crazy market, a making losses money company, share price still can move up without any reason

Stockker

289 posts

Posted by Stockker > 2014-04-21 09:46 | Report Abuse

Very small cap stock, only 80 mil, small loss and small profit, quarter to quarter. Low revenue. Consolidating operations ? Coy just sold land for 7 mil. Plenty of cash, net cash 20 sen and with this 7 million sale, extra 6 to 7 sen. Nil liability. So, is it good a punt or some potential ?

ganneeneh

180 posts

Posted by ganneeneh > 2014-04-21 10:08 | Report Abuse

The land that was so;d to Can Cable Sdn Bhd will rake in a profit of about RM3m. Don't be surprise if the full year result shows a net profit of around RM4m due to this.

Stockker

289 posts

Posted by Stockker > 2014-04-21 17:18 | Report Abuse

What is cooking at Tafi, big volume and year high ??

Posted by talkrealreal > 2014-04-21 23:10 | Report Abuse

nothing much, just some itchy hands are at play

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-04-30 08:42 | Report Abuse

strongly believe Tafi will be a next limit down stock, cause it is losses company and without fundamental base.

Stockker

289 posts

Posted by Stockker > 2014-04-30 09:03 | Report Abuse

What rubbish are you talking about ? ! Do you mean limit down 30 sen until 12 sen ??? Please check facts before commenting. We need to contribute facts to help each other to make money rather than empty words.

Tafi made 60K for the year ended 31 Dec 2013 compared with net loss of 1.6 million for year ended 31 Dec 2012.

Tafi has 20 sen net cash without liability and will further improve cash by about 7sen to 8 sen with the reason sale of land.

Posted by talkrealreal > 2014-05-05 17:45 | Report Abuse

books are deceiving at the whims and fancy of the board. The only consolation is the cash, but is it still there?

davidkkw79

5,068 posts

Posted by davidkkw79 > 2014-05-23 11:57 | Report Abuse

congratulation Tafi has just made a remarkable earning from previous losses quarter. This quarter has earned 0.11 sen EPS. It is deemly a amazing good quarter result

mahorse

381 posts

Posted by mahorse > 2014-07-07 21:24 | Report Abuse

With the improving Europe and US markets, which furniture stocks have not yet moved and have potential

Posted by naughtygirl > 2014-07-07 21:27 | Report Abuse

All furniture stocks are good, except some with hidden bomb like Liihen and Sernkou. Not so sure about this

mahorse

381 posts

Posted by mahorse > 2014-07-07 21:31 | Report Abuse

Furniture and timber related seems to be your interest, any particular stock or few stocks are worth looking at ?

mahorse

381 posts

Posted by mahorse > 2014-07-08 09:14 | Report Abuse

应付国际买家需求 同安1400万建厂买机械
财经新闻 财经 2014-06-27 11:08
(麻坡26日讯)同安家具(TAFI,7211,主版消费产品)耗资逾1400万令吉增建厂房及增购先进机械与器材,以应付国际买家大量采购的需求。
公司执行主席拿督苏永源今日在股东大会后向媒体表示,目前已接洽到一国际买家订购该公司生产家居家具,包括卧房与客厅系列。
“有关洽谈已进入尾声,预料将在未来几个月签署采购合约,明年1月正式供应。”
他说,同安家具已在柔勒工业区兴建一座新厂房及增购先进机械。
这项提升产能的计划耗资约1400万令吉,包括建厂及增加机械外,以及提升现有厂房的机械,加强生产率,以全面应付国内外买家在质与量方面的需求。”
同安家具于2012年面对160万令吉亏损,因此去年经过一番开源节流举措,包括减少人员、提高生产率及调整与选择市场需求后,带动公司2013年的业绩转亏为盈,税前盈利为22万7000令吉。
他说,该公司之前脱售位于士毛月的产业后,目的是要把业务集中在麻坡,以提高运作与营理效率。
联营建公寓计划
提及公司与地主联营建公寓计划,苏永源指出,一名地主已答应发展柔州境内一市中心4亩地段,兴建公寓与独立式洋房,有关洽谈已晋入比率分配最后阶段,同时也得到一建筑公司的合作。
他补充,一旦定案后,将会发布消息,让股东了解公司这项业务的详情。
“这项屋业发展计划预料将带来显著营业额,有助公司业务成长,因而对未来业绩表现充满信心。”

mahorse

381 posts

Posted by mahorse > 2014-07-08 09:14 | Report Abuse

Anybody can translate the above, please ?

mahorse

381 posts

Posted by mahorse > 2014-07-10 11:44 | Report Abuse

Google is great.

mahorse

381 posts

Posted by mahorse > 2014-07-10 11:45 | Report Abuse

Meet the needs of international buyers to buy Tongan 14 million construction machinery

Financial News Finance and economics 2014-06-27 11:08

(Muar 26th hearing) Tongan furniture (TAFI, 7211, the master consumer products) spend more than 14 million ringgit purchase of additional plant and advanced machinery and equipment to cope with the large number of international buyers sourcing needs.
Executive Chairman Datuk Su Yongyuan today told the media that after the general meeting, has been approached to an international buyer ordering the company production of household furniture, including bedroom and living room series.

"Relevant negotiations nearing completion, is expected to sign purchase contracts in the next few months, the official supply next year in January."
He said the furniture has been in Tongan Industrial Zone Sophie Le construction of a new plant and the purchase of advanced machinery.

The plan to increase production capacity will cost about 14 million ringgit, including plant and machinery increased, as well as upgrading the existing plant machinery to enhance productivity, in order to fully meet the needs of domestic and foreign buyers in terms of quality and quantity. "
Tongan furniture face 1.6 million ringgit loss in 2012, so last year after some initiatives to cut costs, including reducing staff, increase productivity and adjust to market demand and choice after driving the company's 2013 performance turnaround, pre-tax profit of 22 17,000 ringgit.
He said, after the company previously sold its Semenyih industry, the aim is to focus on the business of Muar, in order to improve the efficiency of operations and business management.
Associates plans to build apartments

Associated companies and landowners mentioned plans to build apartments, Su Yongyuan noted that a landlord has agreed to develop a center of Johor within 4 acres lots, build apartments and townhouses, about Jin income ratio has been assigned to negotiate the final stage, but also by a construction company cooperation.
He added that, once finalized, will be announced to keep shareholders informed of the details of the company's business.
"The housing industry development plan is expected to bring significant turnover to help grow the company's business, which is confident of future performance."

Stockker

289 posts

Posted by Stockker > 2014-07-22 09:22 | Report Abuse

Thank you for your translation, although broken English :).

Looks like company is on expansion drive. FY 2013 made only 221K, do you think FY 2014 will be a hot year or will it only be from FY 2015 ?

jcn7030

74 posts

Posted by jcn7030 > 2014-07-22 11:11 | Report Abuse

Please continue to rise ... long time in the store, frozen my money here .....

Stockker

289 posts

Posted by Stockker > 2014-07-22 11:23 | Report Abuse

Put it in deep freeze for at least 12 months, now that the company is on expansion drive based on the Chairman's announcement.

mahorse

381 posts

Posted by mahorse > 2014-08-14 08:30 | Report Abuse

TAFI Industries is attempting to surpass the MYR0.505 level. A close above this level would likely be a bullish sign, whereby traders may buy. If successful, the target price is set at MYR0.545, followed by MYR0.60. Failure to go above the MYR0.505 level could prompt a pullback. Support may be found at MYR0.465, whereupon traders could exit on a breach on closing.

Refer chart below :
http://klse.i3investor.com/blogs/rhb/57282.jsp

Posted by smellyarmpits > 2014-08-14 08:33 | Report Abuse

can in ?

Abu Aufa

64 posts

Posted by Abu Aufa > 2014-08-15 01:04 | Report Abuse

tomorrow boom...

Posted by Babeh Pengulu > 2014-08-15 10:44 | Report Abuse

Watch out. shark coming.

Posted by Babeh Pengulu > 2014-08-15 14:16 | Report Abuse

TAFI Industries is attempting to surpass the MYR0.505 level. A close above this level would likely be a bullish sign, whereby traders may buy. If successful, the target price is set at MYR0.545, followed by MYR0.60. Failure to go above the MYR0.505 level could prompt a pullback. Support may be found at MYR0.465, whereupon traders could exit on a breach on closing.

tjhldg

27,218 posts

Posted by tjhldg > 2014-08-18 00:10 | Report Abuse

good

Posted by naughtygirl > 2014-08-25 17:04 | Report Abuse

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Posted by naughtygirl > 2014-08-25 17:04 | Report Abuse

no vol

joshtoh

4 posts

Posted by joshtoh > 2014-08-27 12:28 | Report Abuse

stock is keep rising. Jan is 0.30 but now is 0.50. stock price is rise more than 50%. So is it too "expensive" to buy now ?

mahorse

381 posts

Posted by mahorse > 2014-09-19 16:27 | Report Abuse

After settling around 48-49 sen for 2 weeks plus, is it ready for its next big move ?

mahorse

381 posts

Posted by mahorse > 2014-09-29 08:42 | Report Abuse

Source : RHB Bloomberg

"TAFI Industries may climb higher after it surpassed the MYR0.54 level to extend its multi-year high. Traders may buy as a bullish bias could be present now. The target price is set at MYR0.60, followed by MYR0.64. The stock may pull back and consolidate further if it falls below the MYR0.54 level. Further support is anticipated at MYR0.465, where traders could exit upon a breach. "

CEO reported that RM 14 million will be used to expand capacity. With the completion of sale of land, Tafi could make about RM 2 million from this land sale in this quarter ending September 2014. Hopefully, this is the start of the company's turnaround plan.

Posted by Billionaire2011 > 2014-10-02 23:26 | Report Abuse

Joshtoh...don't worry man! you kah kah jib. Boh tai chi one, with TAFI strong background, Invest as much as u can now!

mahorse

381 posts

Posted by mahorse > 2014-10-24 07:00 | Report Abuse

Enough hibernating, time to catch up.

mahorse

381 posts

Posted by mahorse > 2014-11-19 09:29 | Report Abuse

3rd quarter results should be out by end Nov. Last year it was out on 21 Nov 2013. Any surprises expected other than coy announcement to Bursa on 25 Sep 2014 re land sale deal ?

ronald

3 posts

Posted by ronald > 2014-11-25 00:44 | Report Abuse

why no transactions today?? T.T

mahorse

381 posts

Posted by mahorse > 2014-11-27 18:14 | Report Abuse

3rd quarter results made 1.9 million , cash in bank now 21.2 million ie 26.5 sen per share. Market price 53.5 sen. Profit from sale of land.

mahorse

381 posts

Posted by mahorse > 2014-12-21 21:51 | Report Abuse

I think should not ignore TAFI as CEO said rm 14 million will be spent to expand production capacity. Seems big orders in hand.

mahorse

381 posts

Posted by mahorse > 2015-01-08 09:30 | Report Abuse

http://klse.i3investor.com/blogs/kcchongnz/66908.jsp

Tafi still has not moved. Why ??

mahorse

381 posts

Posted by mahorse > 2015-01-19 09:58 | Report Abuse

Come on, Tafi. catch up to the rest of the furniture stocks.

hunterJ

1 posts

Posted by hunterJ > 2015-02-07 11:00 | Report Abuse

@mahorse. What is the big order you mean? Big order could be good for company but it bring DISASTER too.

Popeye1

44 posts

Posted by Popeye1 > 2015-03-08 21:27 | Report Abuse

possibility of rto...

Stockker

289 posts

Posted by Stockker > 2015-03-10 11:39 | Report Abuse

For real or not ?? They do have the production capacity.

Popeye1

44 posts

Posted by Popeye1 > 2015-03-12 17:33 | Report Abuse

...this company revenue is even smaller than a non listed company. And its hanging there and not doing much business. So the rto possibility is there. Also do take note the balance sheet is healthy accept for the revenue. No hutang. Asset banyak. Apa lagi you mau...Lol...

WINNING

1,720 posts

Posted by WINNING > 2015-03-30 20:34 | Report Abuse

today start to move.

Popeye1

44 posts

Posted by Popeye1 > 2015-04-01 17:11 | Report Abuse

Wayang kulit power....Lol!

Stockker

289 posts

Posted by Stockker > 2015-04-24 15:40 | Report Abuse

Something is up ??

mahorse

381 posts

Posted by mahorse > 2015-04-27 10:32 | Report Abuse

what is the story ?? Smallest furniture stock. Trailing revenue only 28 m. Production capacity is there, but where is the order ?

Popeye1

44 posts

Posted by Popeye1 > 2015-04-28 12:50 | Report Abuse

all these volume sendiri kasi sendiri...lol!!!

mahorse

381 posts

Posted by mahorse > 2015-04-30 10:11 | Report Abuse

What the...! Run for 2 days and sudden drop ?

Popeye1

44 posts

Posted by Popeye1 > 2015-07-23 12:36 | Report Abuse

;-)

Popeye1

44 posts

Posted by Popeye1 > 2015-09-09 16:55 | Report Abuse

Mana 1 orang kasi makan up tafi....Knn...Wa belum cukup collect lagi....Basket...

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